I am interested in investing in Short Stay Rentals (e.g. Air BNB). What’s the best way of calculating the income one can expect to get from such rentals.Steps I have tried1. Looking at property listings on AirBNB As I...
One of the fun parts about managing Airbnbs has been finding ways to optimize things and increase profits. I've always used a dynamic pricing tool in order to control how the property is priced on a given day. Normall...
First time home buyer. Want to rent out the bottom and live in the top, but don’t know when is the best time to get something in terms of the market?
I've been analyzing lots of deals lately and the main thing I'm focused on is cash flow, for example I find a deal that is cash on cash of 13% and say to myself that its better than the stock market etc.however when y...
I'm working on a deal involving a multiunit rental property that consists of a SF house and 4 garage apartments. Gross rental income is $2650/mo. Owner pays utilities of $700/mo. All units are rented on a 1 year le...
As a new investor looking at Philly area BRRRRs I'm trying to get better at quick calculations to analyze deals. The big unknown is rehab costs. Does anyone have an approximate $/sqft range that they generally use? I ...
If the only source of income prospective tenant has is income from foster parenting, how would you respond?
Hello All,When analyzing a rental property, I often find myself playing around with the purchase price to see what price the house will produce a decent cash flow. If I manipulate the purchase price do I also have to...
Top 25 "hard money" lenders (Philadelphia loans only) by volume.1. I FUND CITIES2. KIAVI3. ROC3604. CONSTRUCTIVE CAPITAL5. DIRECT MORTGAGE LOAN COMPANY6. ASSET BASED LENDING
Note: Hard money is defined as average l...
Appraisal Risks – Part 1 of 2: The Appraiser Undervalued My Property. What Can I Do About it?
This is part 1 of a 2-part series on appraisal risks. In Part 1, we discuss what to do if an appraiser undervalues your p...